The Jigawa State Public Complaints and Anti- Corruption Commission (JSPCACC)has dragged Managing Director Jigawa Savings and Loans Nigeria Limited, Mr Babandi Isah to Court over alleged misappropriation of funds.
This was confirmed in a statement signed by the Director, Education & Public Relations, Yusuf Suleiman, issued to newsmen.
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He said, the move follow a petition over alleged abuse of office and misappropriation of funds belonging to the Bank.
According to the statement ” the commission is currently investigating a complaint of alleged abuse of office and misappropriation of funds belonging to the Jigawa State Savings and Loans Nigeria Limited by its Managing Director, Mr Babandi Isah”
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“The allegations against him include breach of trust, official corruption, award of contracts without due process which include alleged unexecuted contract for the procurement of officials vehicles”
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He said, the also alleged devaluation and sale of properties belonging to the Jigawa Savings and Loans Ltd located at Shuwarin, Maiduguri/Kiyawa Road and unauthorised partitioning of a land belonging to Jigawa State Savings and Loans Ltd at 744 Housing Estate, (Mobile Base), Dutse Jigawa State.
Other allegation include, diversion and un-remittance of PAYEE and withholding taxes to Jigawa State Internal Revenue Services among others.
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The statement noted that, based on the said allegations, the Commission have since charged the suspect to court.